CGI expands VA iFAMS use

Executive Summary

• CGI Federal deployed the U.S. Department of Veterans Affairs' Integrated Financial and Acquisition Management System (iFAMS) to the Loan Guaranty program and the first group of Veterans Health Administration (VHA) users.
• This deployment represents waves 7 and 8 of the VA's implementation of iFAMS, a major financial and procurement system modernization effort.
• The system, built on CGI's Momentum enterprise suite, is designed to replace five legacy systems, standardize processes, and enhance financial transparency and audit readiness for the VA.

Key Details

• Deployment Scope: iFAMS was deployed to the Loan Guaranty program and the initial group of Veterans Health Administration (VHA) users.
• Implementation Phase: These deployments constitute waves 7 and 8 of the VA's broader iFAMS implementation, which is one of the largest financial and procurement systems within the federal government.
• System Architecture: iFAMS is built on CGI's Momentum enterprise suite, which is the first core financial management system approved for the U.S. Department of the Treasury's Financial Management Quality Service Management Office (FM QSMO) marketplace.
• Operational Impact: The unified solution aims to replace five existing systems across multiple technology platforms, standardizing, streamlining, and automating VA's financial and acquisition processes.
• Performance Metrics: To date, iFAMS has processed over 11 million transactions.
• Financial Volume: The system supports $18 billion (U.S.) in Treasury disbursements and $39.9 billion (U.S.) in contracting dollars.
• Strategic Benefits: The solution enhances service delivery, efficiency, transparency, audit readiness, and operational alignment, while reducing total cost of ownership through the use of commercial off-the-shelf (COTS) technologies and AI-driven automation.

Notable Quotes

• "In parallel with the wave rollout, VA is able to take advantage of new capabilities and help drive the road map and design of those capabilities as part of the supported COTS solution." — Monica Winthrop, Senior Vice-President, Consulting Services, Veterans Affairs, CGI.